AVAX drops 8% after Avalanche activates Helicon upgrade
- —AVAX lost more than 8% the day after Helicon went live
- —Minimum staking duration cut from two weeks to 48 hours
- —Validator uptime requirement raised from 80% to 90%
- —Staking reward formula will adjust gradually over 90 days
Why it matters: Holding $10 will determine whether AVAX can retest resistance at $11.40–11.65 or slide toward support at $9.50.
Source: AMBCrypto